The Real Deal New York

Remaining units at Extell’s One Riverside Park resurface

January 21, 2014 11:22AM
By Julie Strickland

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50 Riverside Boulevard

50 Riverside Boulevard

After months of confusing back-and-forth as to the fate of the remaining units at Extell Development’s One Riverside Park, which were pulled from the market in November, 27 unsold units are back on sale.

Ranging in price from $1.9 million for a two bedroom to $25.75 million for a seven-bedroom condominium, the units appeared on StreetEasy Tuesday morning. Both the plush 5,739-square-foot seven-bedroom and the 1,305-square-foot five bedroom boast gourmet kitchens and master baths with oak vanities, double sinks, marble counters and a glass-enclosed shower with a rainfall showerhead and deep soaking tubs, according to the listing.

Sales at One Riverside Park launched in early November and units flew off the shelves, with deals in place for at least 70 of the building’s 219 condominium units within 10 days, as previously reported. The hot demand prompted Gary Barnett’s Extell to yank the remaining apartments from the market on Nov. 19, pending a price adjustment. Asking prices initially ranged from $1 million to $25 million for a seven-bedroom condo in the 35-story tower, located on the corner of West 62nd Street and Riverside Boulevard. Corcoran Sunshine is exclusively marketing units at the new development.

The Real Deal received notification from an Extell spokesperson in early December about a One Riverside Park launch event in early December, and another saying One Riverside Park’s website was operational on Jan. 6. There was no word about the plan for relisting them on either occasion.

Neither an Extell spokesperson nor Corcoran Sunshine immediately responded to requests for comment.

  • Conscience_of_a_conservative

    Are we supposed to take Extells word that they sold 70 apartments and then raised the price. Seems like a cheap attempt to convince the market that a development far from the upper west side , poor subway access and less than perfect hudson river views is somehow worthy of a premium price.

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